Spire Healthcare Share Discussion Threads

[mongrels3] 06/5/2020 08:16

Copied from the LSE discussion board... hxxps://www.dailyecho.co.uk/news/18429400.southampton-cancer-patients-receive-treatment-spire-hospital-coronavirus-pandemic/

[montyhedge] 04/5/2020 14:32

They have let private patients down badly, selling out for 12 weeks to NHS.

[eaaxs06] 29/4/2020 08:35

Come on, Spire, let's have another bash at breaking 100p.

[montyhedge] 14/4/2020 15:12

Private patients been stuffed for this months with Spire, my private insurance comes up, I don't want Spire hospitals now.

[buywell3] 07/4/2020 02:51

All NHS Hospital staff should be tested now OUTSIDE the Hospital in a newly created pressure positive test cabins BEFORE going to work ie starting their shift ,especially ICU staff Using this swab test < there are others , a result can be obtained in 15 mins hTtps://www.theverge.com/2020/3/28/21197944/coronavirus-test-fast-doctors-office-abbott-fda Same applies to Spire staff as part of the deal dyor

[richtea2517] 06/4/2020 10:53

Not to be sniffed at

[mongrels3] 06/4/2020 10:18

A fairly sizeable director buy earlier today.

[buywell3] 01/4/2020 03:07

-------- NHS ICU Hospital front line staff fighting Covid-19 ------------ As can be seen from Italy , Spain and New York The health of nurses and doctors on the front line in Intensive Care Units (ICU's) is paramount above all else. If these brave health care staff get sick , then the whole system can fall into disarray , leading to much higher death rates as covid infection spreads out of control . Testing of our hospital staff should be done on a per shift basis before they start work There are tests that give results in 1Hr some in 2 Hrs We need to look after this valuable resource as without them we stare into the abyss dyor

[sikhthetech] 29/3/2020 16:02

Anthony Bourne is a non-exec director of Spire and TLY(Totally Plc).. Totally sees 'strong' financial performance as it assists NHS in Covid-19 response https://www.sharesmagazine.co.uk/news/market/6852067/Totally-sees-strong-financial-performance-as-it-assists-NHS-in-Covid-19-response Canaccord reiterates-buy rating. htTps://www.streetinsider.com/Intl+Ratings/Canaccord+Genuity+Reiterates+Buy+Rating+on+Totally+Plc.+%28TLY%3ALN%29/16671519.html TLY in the right place at the right time to help NHS and other healthcare providers to combat Covid-19.. Mcap: £21m, fy ends this week... Read the company newsflow... Anthony (Tony) Bourne, Non-Executive Director https://www.totallyplc.com/about-us/board-and-management/

[rogerrail] 27/3/2020 13:44

I think everyone is understanding that in the current crisis , elective treatment has to be suspended, for the health of both hospital staff and the patients.

[wburton619] 26/3/2020 15:47

Spire have done what is best for the country and what is best for them as a company. Patients cannot complain at this time of need

[montyhedge] 26/3/2020 14:29

Looks to me like Spire gone for the short term cash from NHS and stuffed the private patients, who seem to be waiting has long has if NHS themselves for procedures. I may be wrong that's what it seems like to me.Long run that's not a good strategy.

[rogerrail] 25/3/2020 22:39

Montyin the long run , they wont only come back, but there will be a tide of NHS patients overflowing to private hospitals.

[montyhedge] 24/3/2020 20:35

Spire got to be careful, they have done this deal with NHS fair enough.Friend of mine private with Spire, told don't know when procedure to take place, because NHS taking priority, so if they start delaying private paying patients, that won't go down well in the long run.

[buywell3] 24/3/2020 01:38

IMO it is the creation of new ICU's that the NHS needs as patient numbers rocket over coming weeks Ventilators and Hemodynamic Monitors required to treat Covid-19 patients that show pneumonia, sepsis and septic shock symptoms require such treatment. IMO the NHS will provide the money for SPIRE to gear up such facilities ICU's and staff in Italy and New York City are overwhelmed at this present time. The NHS and UK will soon follow their lead IMO hTtps://www.independent.co.uk/news/health/coronavirus-italy-doctors-intensive-care-deaths-a9384356.html htTps://www.webmd.com/lung/news/20200313/covid-19-what-can-the-world-learn-from-italy?src=RSS_PUBLIC#1 htTps://www.msn.com/en-us/news/us/new-york-gov-andrew-cuomo-orders-hospitals-to-increase-capacity-by-50-25/ar-BB11Azoh New York Gov. Andrew Cuomo announced an emergency order Monday mandating that all hospitals in the state increase their capacities by 50% in order to handle the surge of coronavirus patients. As cases of COVID-19 skyrocketed to nearly 21,000, making New York the state with the most diagnoses of the virus, Cuomo said hospitals are required to increase capacity by 50% and asked that they try to double it. State health officials report that 2,635 people are hospitalized and 621 of them are in the intensive care unit. New York state has 53,000 beds and about 3,000 ICU beds. Health officials estimate that the state will need 110,000 beds and 18,000 to 37,000 ICU beds.

[sikhthetech] 23/3/2020 11:46

Tony Bourne is a non-exec director of both Spire and TLY. I think there could be services which TLY can provide to patients at Spire. Anthony (Tony) Bourne, Non-Executive Director Tony Bourne is currently a non-executive director of Barchester, one of the UKs largest operators of residential care homes and Spire Healthcare Group plc, one of the largest private healthcare groups in the UK, a London Stock Exchange-listed company and a constituent of the FTSE 250 Index. Tony is also Chairman of CW+ (formerly Chelsea and Westminster Health Charity), one of the largest NHS charities. He was previously Chief Executive of the British Medical Association from the beginning of 2005 until late 2013. Tony worked in investment banking for over 25 years including as a partner at Hawkpoint and as global head of the equities division and a member of the managing board of Paribas. Tony has also previously served as a non-executive director of Southern Housing Group from 2004 to 2013 and Scope, which focuses on cerebral palsy and is one of the UKs largest charities. Tony has been a non-executive director of Totally since October 2015. https://www.totallyplc.com/about-us/board-and-management/

[rogerrail] 23/3/2020 08:28

Nevertheless I think all shareholders need to support the company as it strives to help the country through these difficult times.

[buywell3] 23/3/2020 01:07

Yes it will help , but when will this be over ? A new vaccine will take min 9 months , 3 for animal toxicology and pre clinical testing , 6 for human trials , and that is extra quick Then the question is will it work and will Covid-19 mutate in the meantime ? If it does , then there is a possibility that the vaccine will not work on a mutated coronavirus. Covid-19 has according to some , been reported to have mutated already albeit 'not much' My point is Nobody knows how long Covid-19 is going to be around for Some have already said it might be here to stay like several other virus types from animals that are currently doing the rounds, and the common cold and flu types. London Hospitals now being overwhelmed by Covid-19 cases Italy is showing what is coming if this is not handled right Most Italians dying have pneumonia , which the Mayo clinic have as a leading cause of sepsis , sepsis leads to septic shock , this has a kill factor of 40% See my recent posts on Lidco thread LID by multibagger Nearly twice as many men as women are dying and China has just released data showing smokers are most likely to die In Italy many more elderly men smoke than women Fags should be taxed at 500% , and vaping also has caused lung damage which has also not helped those that vape in relation to Covid-19 bad case complications. Vaping should also have 500% tax Smokers and Vapers are now taking up IMO most of the ICU bed spaces dyor

[rogerrail] 22/3/2020 18:51

That's good news for the country, the company it's employees and for shareholders. It will help save lives and secures much needed cash flow for the business, and revenue from assets that would otherwise not be used will cover overheads as well as operating costs. Out patient and GP work will no doubt still continue and if the business only breaks even during this difficult time that is good enough for me and should more than underscore the current very low share price Pent up demand for elective care will be significant and when this is over will return double fold and more than compensate for the lost profit.

[eeza] 21/3/2020 23:05

"The NHS has struck a deal with private hospitals to acquire thousands of extra beds, ventilators and medical staff to fight the coronavirus outbreak." "Under the terms of the deal, the private sector will be reimbursed at cost, meaning no profit will be made for doing so." "Shortly after the NHS announcement, Spire Healthcare released a statement confirming it had signed up to assist NHS England for a minimum of 14 weeks. The independent UK hospital group said it would spend the first week preparing staff and facilities before making all its 35 hospitals in England available to the NHS from 30 March. It added that it would be suspending all non-urgent elective surgery for patients over the age of 70 and vulnerable patients from 5:00 GMT on 20 March." https://www.bbc.co.uk/news/uk-51989183

[jsc1000] 21/3/2020 19:32

Latest update. see below latest letter from Justin Ash, CEO Spire Helathcare. Looks like this will happen immediately and not April 15 as previously thought. Government only covering 'costs' so profits will be hit as profitable insured and self pay work pushed out. Dear colleagues and consultant partners, I am writing to share details with you about how we are going to be supporting the NHS in the weeks and months ahead as we do everything we can during this time. We are both proud and pleased to announce that we have reached an agreement to fully support NHS England, starting immediately for a minimum of 14 weeks - which is around the end of June. Given the nature and impact of COVID-19 on the NHS, there are no clear timescales as to when business will return to normal and after the initial 14 weeks, we may continue to support the NHS on a rolling basis with one months’ notice. The rest of the independent sector will also be supporting the NHS in England and discussions about how we can support the health services in Wales and Scotland are also ongoing. I would like to be clear, the agreement is based purely on how we can support the NHS and simply ensure that our costs for doing so are covered. Healthcare is an essential service and every one of our colleagues will be classified as a key worker during this time because every one of you will have a key part to play. For many of you this will mean you are asked to do a different job, work in a different location or work different hours. But please be assured that whatever you are doing, you will absolutely be living our purpose of making a positive difference to our patients’ lives when it matters most. In terms of what our support will entail, from next week each of our hospitals in England will be made available to the NHS. Throughout this period we will progressively stop seeing private patients and conducting NHS electives. By 15 April, all normal elective care – private and NHS - will stop but where patients are already in a time-critical pathway, we will of course work with the local trust to agree the best place to ensure their care continues. The pace of the switch of ending elective care and focusing entirely on NHS support will vary by hospital. Training and preparations will begin in each hospital next week. The situation with COVID-19 is clearly developing rapidly and this is reflected in the demands on different parts of the NHS in different places around the country at different times, and will also reflect the type of support we can provide. Local relationships between each of our hospitals and their local trusts will be absolutely critical to make sure that we are giving the most effective support. Each Spire hospital will be working in partnership with local NHS to determine the best overall plan in order to maximize total capacity. Working collaboratively it will be critical to retain total flexibility on resources, people and equipment whilst running our hospitals effectively and in line with our Purpose and Values. Given the impact of COVID-19 already in London, we will be starting our preparations immediately so that our hospitals can be ready to accept patients as quickly as possible in the days ahead. Across the rest of our hospitals in London we need to be ready to act quickly and are taking a number of actions this week to prepare. Spire GP services are not included in the arrangement and we are pleased that we have been making excellent progress to be able to use video consultation which will help to protect patients. We will be working hard to keep you well informed as well as our patients. For our Consultants, we recognise that this has a direct impact on you in a number of different ways. Our Group Medical Director Fergus Macpherson is actively engaging with our MAC Chairs and we have developed emergency practising privileges that can be issued as required. Please speak to your Hospital Director if there is any support that you can give, particularly with RMO cover as we move to a 24/7 operation. I have recorded a video message which you can listen to by clicking here for all of our teams and I ask that you all take just five minutes to watch this as it captures what we are going to be doing and the ask of our people. You will also receive a separate message from our Group HR Director Shelley Thomas outlining a number of ways in which we will be supporting you as we know the impact of COVID-19 impacts both our work and personal lives. I am sure you agree that this is the right thing to do and I am confident that you will all rise to the challenge and ask of us as we do what we can in this extraordinary time. Justin Ash Chief Executive Officer

[buywell3] 20/3/2020 23:26

--------- Intensive Care Units (ICU's) and the lack of ----------------- htTps://www.theguardian.com/uk-news/2020/mar/20/london-hospitals-struggle-to-cope-with-coronavirus-surge London Hospitals are now having problems with a lack of ICU's IMO the NHS will have to create temp new ones like China did and Italy/Spain are doing now Covid-19 cases in the UK have thus far been behind that of many EU countries Italy and Spain for example have a much more dire need of ICU's than the UK at the present time. IMO Covid-19 will demonstrate that the NHS along with all other Health Service providers worldwide are NOT equipped to deal with a coronavirus pandemic such as Covid-19 in terms of not having sufficient ICU's , beds, and equipment that such ICU's need . IMO this pandemic will FORCE Health Service providers to rethink how ICU's need to function in the wake of this pandemic . That is to say that they need to consider building NEW ICU facilities in places far enough away from existing Hospitals such that they can continue to function without affecting existing ICU's that currently exist in Hospitals. If this is done other operations for other Illnesses can continue instead of being cancelled or halted/suspended due to compromised/infected/full Hospital wards and equipment. Isolation is the key Covid-19 will not be the last coronavirus IMO dyor

[rogerrail] 20/3/2020 16:31

Analysts at broker Liberum said it was "hard to say how this will impact Spire at the moment" but it is "likely that Spire will be heavily utilised one way or the other and hence we would not expect any major near term negatives from a balance sheet perspective while longer term it should benefit from such cooperation